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FDIC seeking bids for Republic First: report
Banking Dive via Yahoo Finance· 1 day agoThe agency last sought bids for the Philadelphia bank in October, Bloomberg reported. The process was halted when the bank struck a deal with investors...
Cresset Welcomes Two New Advisory Teams, Expands National Presence and San Francisco Footprint
KLAS Las Vegas· 7 days agoThe teams join Cresset from J.P. Morgan, and previously First Republic Bank, where they managed approximately $5 billion in assets. SAN FRANCISCO, April 19, 2024 /PRNewswire/ -- Cresset announced ...
UPDATE 2-Valley National, Eagle Bancorp latest to disclose earnings hit due to CRE footprint
Reuters via Yahoo Finance· 24 hours agoInvestor focus this year is on the CRE exposure in regional lenders' loan books after New York Community Bancorp reported a surprise quarterly loss in January due to writedowns on loans tied ...
Giverny Capital Asset Management Q1 2024 Letter
Seeking Alpha· 5 days agoGiverny Capital Asset Management, LLC is a partnership between Giverny Capital of Montreal and David Poppe, the former president and chief executive...
Valley National Bancorp's Q1 profit plunges on bigger loan-loss provisions
Reuters via Yahoo Finance· 1 day agoValley National Bancorp reported a slump in its first-quarter profit on Thursday, dragged down by a fivefold increase in rainy-day funds on account of its exposure to commercial real estate.
Week’s Best: Advisors Prepare for Trump Tax Cuts to Sunset
Barrons.com· 7 days agoAmong them is the expansion of the estate and gift tax exemption. For our latest Barron’s Advisor...